How Does Credit Repair Work?
According to most credit experts,2 your credit utilization ratio should be 30% or less. For example, if you have a credit card with a $5,000 limit, you want to keep the amount of credit you use to 30% or less of that limit, or no more than $1,500. But with some planning and healthy financial habits, it’s possible to restore your changed credit. How long credit repair takes depends on a variety of factors, making it difficult to give a single,…